---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-099307"
form_type: "8-K"
ticker: null
cik: "0001874218"
company_name: "Revelstone Capital Acquisition Corp."
filed_at: "2023-12-28T23:59:59+00:00"
generated_at: "2026-06-07T06:34:30.689772+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RCAC shareholders approve extension to Feb 21, 2024; ~$24M redeemed; Set Jet vote adjourned

## Summary
- Shareholders voted to extend business combination deadline to February 21, 2024, with no additional trust payment.
- At the meeting, 2,233,788 shares were redeemed, removing approximately $24 million (≈$10.80 per share) from the trust.
- Special meeting to approve the business combination with Set Jet, Inc. was adjourned to December 29, 2023 at 12:00 p.m. EST.
- Charter and trust amendments were approved by holders of 76.94% of outstanding shares (5,881,973 FOR, 25,745 AGAINST).

## SEC filing metadata
- accession: 0001213900-23-099307
- form_type: 8-K
- cik: 0001874218
- company_name: Revelstone Capital Acquisition Corp.
- filed_at: 2023-12-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874218/000121390023099307/0001213900-23-099307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874218/000121390023099307/ea190800-8k_revelstone.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-099307
- JSON: https://secwatch.observer/filing/0001213900-23-099307.json
- Plain text: https://secwatch.observer/filing/0001213900-23-099307.txt

## Key facts
- Governance Changes
  Revelstone Capital Acquisition Corp.: Amendment to second amended and restated certificate of incorporation to extend business combination deadline to February 21, 2024 (effective 2023-12-21).
  - Change: charter amendment
  - Effective: 2023-12-21
  source text: the Company filed an amendment to its second amended and restated certificate of incorporation (the “ Charter ”) with the Delaware Secretary of State on December 21, 2023 (the “ Charter Amendment ”), giving the Company the right to extend the date by which it has to complete a business combination to February 21, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874218/000121390023099307/0001213900-23-099307-index.htm
- Shareholder Votes
  Revelstone Capital Acquisition Corp. shareholders approved Amendment to Company's Charter to extend the date by which it has to complete a business combination to February 21, 2024 at the 2023-12-21 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-12-21
  source text: Stockholders approved the proposal to amend the Company’s Charter: (a) giving the Company the right to extend the date by which it has to complete a business combination to February 21, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874218/000121390023099307/0001213900-23-099307-index.htm
- Shareholder Votes
  Revelstone Capital Acquisition Corp. shareholders approved Amendment to Company's investment management trust agreement to allow extension of business combination deadline to February 21, 2024 at the 2023-12-21 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2023-12-21
  source text: Stockholders approved the proposal to amend the Company’s investment management trust agreement, dated as of December 10, 2021 by and between the Company and Continental Stock Transfer & Trust Company to allow the Company to extend the time to complete a business combination until February 21, 2024 with no additional payments to the Company’s trust account.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874218/000121390023099307/0001213900-23-099307-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.